3/6 MN headed to another budget deficit and most likely increased taxes

Summary

Garage Logic – Episode Summary
3/6 MN Headed to Another Budget Deficit and Most Likely Increased Taxes
March 6, 2025 | Gamut Podcast Network
Host: Joe Soucheray (“The Mayor”) with Chris Reavers, Mike Schoonover, John Haidt, Kenny Olson, and Josh Arnold

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Episode Overview

The main theme of this episode is Minnesota’s looming budget deficit and the state’s ongoing issue with government spending, fraud, and likely future tax increases. Joe Soucheray and the GL crew discuss both state and federal spending scandals, with a spotlight on unaccountable grants to nonprofits, the Feeding Our Future fraud, redistribution of wealth, and the lack of governmental checks and balances. The show’s signature humor and skepticism run throughout, but deeper frustration over systemic problems is clear. National topics—like climate spending, Ukraine-Russia relations, and the current political environment—are woven in, always connecting local and broader concerns.

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Key Discussion Points & Insights

1. Media Distractions & Tabloid News (02:04)

• Joe opens admitting pride in ignoring tabloid stories (Meghan Markle, Gene Hackman) despite media obsession.
• He laments, humorously, that such stories are a distraction from meaningful news.
• Quote (Joe Soucheray, 02:15): "The tabloids desperately want me to be absorbed by two stories, and I’m not... Markle is easy for me to disregard because from day one, I said she was a phony."

2. Federal Climate Funding Scandal & Systemic Corruption (04:24–13:02)

• Joe details how VP Kamala Harris handed $7B to “Climate United Fund”, a new nonprofit with suspicious credentials.
• Discussion about the routine of funneling massive federal grants to opaque organizations, leading to inevitable corruption.
• Quote (Joe Soucheray, 07:40): "Can you even possibly imagine the corruption that has almost become organic in nature in Washington?"
• Mike points out the fund isn't even listed in the official charities database (09:42).
• The GL crew repeatedly return to the idea that these climate initiatives are thinly veiled wealth redistribution schemes, not genuine environmental efforts.
• Quote (Joe Soucheray, 10:03): "It’s just a new revenue stream... climate was a welcome addition to their scamming because they think it plays well with the public..."

3. State-Level Scandals and the Minnesota Deficit (13:46–37:24)

• Joe draws a connection from federal grift to state-level failures, specifically accusing Governor Walz’s administration of encouraging or purposefully ignoring frauds, e.g., “Feeding Our Future” and daycare/autism scams.
• They discuss administration figures leaving quietly as investigations loom.
• Joe floats the (alleged) theory that deliberate redistribution of tax money—rather than just incompetence—is at play.
• Quote (Joe Soucheray, 14:29): "I think the Walz administration, now calling for a $7 billion deficit... is in a purposeful redistribution of wealth."
• The group debates whether Walz is actively complicit or simply a useful idiot (18:07). Mike insists proof is required.
• GL examines state spending: in the face of a past $17B surplus, MN now faces a nearly $6B deficit due to overspending and unchecked grants to NGOs and nonprofits.
• John Haidt reads John Phelan’s analysis (33:12): "Minnesota government spending per person... increased by 23%. The historic trifecta also hikes taxes and fees by $10 billion. But even this was not enough..."
• Repeated skepticism that any real checks and balances exist in one-party (DFL) rule.

4. Fraud and Accountability—The Amy Bock/Feeding Our Future Saga (23:04–25:08)

• The GL team revisits the details and recent courtroom moments from the famous food fraud trial, speculating about whether “the buck stops” at Amy Bock or climbs higher.
• Joe advocates for immunity deals to get Bock to “sing like a canary.”
• The scam is painted not as a fluke but as calculated systemic behavior, with politicians “redistributing the American Dream.”
• Quote (Joe Soucheray, 16:03): "We've been played dramatically... money has been redistributed, and you even have some of the Somalis involved in the food fraud saying, Amy Bock showed us the American dream."

5. Federal and Global Affairs—Ukraine, Russia, and the U.S. (37:34–45:31)

• The group discusses recent U.S. shutdown of intelligence sharing with Ukraine, struggles to understand the administration’s logic, and reflects on historical U.S.-Russian hostility.
• John Haidt: "Putin has managed to build that evil empire back." (43:19)
• Joe expresses bewilderment at current American foreign policy and global priorities.

6. Signs of Minnesota Dysfunction: Spending, Infrastructure & Event Announcements

• Announcement of the Northwest Sports Show (29:18).
• Side discussion about perfect snow removal for bike lanes vs. unplowed roads for cars (46:15).
• Promotion for local musician Stephen C. Anderson’s cathedral concert provides a rare moment of positivity (25:53).
• Various local news updates: state finances, high-profile crimes, real estate sales (49:43 onward).

7. Broader Social Commentary and Humor (interspersed)

• GL crew pokes fun at government programs, e.g., Minnesota’s Department of Agriculture hosting LGBTQIA-focused conferences (69:51).
• Frequent needling of each other's segment quirks, discussions about hardware stores, and the roasting of tabloid misreports (notably about Gene Hackman and his dog).

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Notable Quotes & Memorable Moments

• On systemic fraud: “It’s by design, right? That’s my new understanding of this. It’s by design.”
  – Joe Soucheray (17:54)
• On Walz and responsibility: “I continue to say this... I don’t think Walz lined his pocket. But I now wish to assign to him a greater responsibility for it than we did say a year ago.”
  – Joe Soucheray (23:18)
• Mocking attempts to legally shield hot takes: “Allegedly means nothing. That’s not gonna stop a lawsuit you will lose.”
  – Mike Schoonover (19:08)
• On climate fraud efforts: “The climate change movement has nothing to do with the climate... just the latest of their rackets.”
  – Joe Soucheray (12:47)
• On government distraction: “We live in the strangest times, whether it’s $7 billion to a climate fund or food fraud or withdrawing our technological help for incoming ordinance...”
  – Joe Soucheray (43:55)
• On policy and budget: “Minnesota is a microcosm of what’s happening federally. Let’s just leave it at that.”
  – Joe Soucheray (22:13)

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Timestamps for Major Segments

• [02:04–04:08] — Joe mocks tabloid obsessions, sets up a “serious” show tone.
• [04:24–13:02] — Federal climate fund scandal & broad corruption discussion.
• [13:46–19:00] — Linking DC grift to MN, and allegations around Walz administration.
• [19:00–23:50] — Debate: Is MN fraud deliberate or incompetence?
• [23:04–25:08] — Amy Bock and Feeding Our Future fallout.
• [33:12–37:24] — Reading of MN budget analysis; discussion of fiscal cliff.
• [37:34–45:31] — U.S. ceases intel sharing with Ukraine, foreign/national issues.
• [49:43 onward] — Local MN news items, body shop business, school tours, weather banter.
• [69:51–72:31] — LGBTQIA agriculture conference and pointed social satire.
• [75:23–76:59] — Historical trivia and Minnesota sports mishap.

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Tone and Style

• The mood is classic Garage Logic: sarcastic, skeptical, heavy on common sense and everyday analogies (“shoveling the hump,” “rackets”).
• Frequent transitions between local and national stories with wry humor and “gumption county” logic.
• Playful ribbing among co-hosts is balanced by genuine anger at repeating cycles of government mismanagement.
• Example of sardonic legal disclaimer running joke:
  – "Allegedly... Did I say that? Yes. I didn't mean to say that." (Joe Soucheray, 23:34).

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Takeaways for Non-Listeners

• The episode presents a scathing critique of Minnesota’s current budget trajectory, tying it to a wider pattern of government grift and failure on both local and federal levels.
• Hosts allege that systemic fraud—via unchecked payments to nonprofits—has become the norm, enabled by both incompetence and deliberate design in political leadership.
• With the state moving from record surplus to deficit, the GL crew anticipate inevitable tax increases, excoriating political “trifectas” and lack of accountability.
• While the tone is often light and humorous, the underlying message is clear: Minnesota (and by extension, much of the U.S.) is in real financial and moral trouble—and Garage Logic isn’t about to let the story go.
• The episode also offers quick hits of local news, fun event plugs, and classic Minnesota banter.

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For more, subscribe to Garage Logic and get your daily dose of common-sense crusading—and the humor you need to stomach Minnesota politics.

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Transcript

[Steven Deaner]

Let's face it, more people are seeing UFOs. And some of these sightings completely defy explanation.

[Joe Sucere]

You have things that going hundreds of.

[Chris Reavers]

Knots under the water, anti gravity.

[Steven Deaner]

But it has to be something like our own secret tech or maybe even adversarial, right?

[Kenny Olson]

So the claim that it's our tech.

[John Haidt]

Or that it's an adversarial tech.

[Joe Susher]

No, it is not.

[Steven Deaner]

This is Steven Deaner from the hit podcast uap. And I have conversations like that every week as I keep up with all the latest relating to UFO topics. Just search UAP wherever you get your podcasts. As we continue to ask the question, are we alone in the cosmos?

[John Haidt]

Yes.

[Mike Schoonover]

Commence.

[Joe Susher]

You know what I mean too, don't you, Joey? This way. A little lower.

[Josh Arnold]

A little lower.

[Joe Susher]

That's right. Stay right there.

[Joe Sucere]

I can't wait to get that text message this weekend.

[Chris Reavers]

Yeah, stay right there.

[Joe Susher]

Ratalonis.

[Josh Arnold]

You'Re moving.

[Chris Reavers]

I gotta stop. There we go.

[Joe Susher]

Yeah. Here we go. Brad Maloney's Hardware and Garden stores brings your Garagelogic podcast number 1,498. Just two shows away from number 1500am 1500 Action Force team. 1500 traffic. Remember that. March 6, 2025. 69 degrees on this day. This is the second day in a row. 2000. The year 2000. 16 below in the year 18. 1890.

[Joe Sucere]

Hail the flashlight King.

[Joe Susher]

And now from the mayor's office above the boat house on the east shore of Spoon Lake, it's Garage Logic with Chris Reavers manning technology corner, Kenny Olson from the crabby coffee shop, John Height in the newsroom, and of course the rookie here is your Flashlight King fireworks commissioner and the keeper of common sense, your mayor, Joe Susher. KST St. Paul, Minneapolis. Hey.

[Chris Reavers]

All right. Legal ID.

[Joe Susher]

I need a little love. So I'm going to tell you that I'm proud of myself for two things. Little letting Pat on the back for two things.

[Chris Reavers]

Okay?

[Joe Susher]

The tabloids desperately want me to be absorbed by two stories, and I'm not. One is the Meghan Markle story she apparently is. Netflix has paid her $4 trillion or something to promote a or to do a TV cooking show, which apparently she can't do. And two is the Gene Hackman story the tabloids are trying to sell me every day. On following the latest updates on Meghan Markle and Gene Hackman. Markle is easy for me to disregard because from day one I said she was a phony. Number two, Hackman. He died at 95. I don't care how wasn't it the.

[Joe Sucere]

I don't care the circumstances.

[Joe Susher]

I'll take 95.

[Chris Reavers]

Give me. That's 10 years of house money, isn't it?

[Joe Sucere]

Yes, but had he just, you know, passed away in his sleep, I get it.

[Joe Susher]

What? Don't, don't, don't, don't, don't, don't. Don't get me talking about it. I'm not following the story.

[Joe Sucere]

Yes, you're the only one.

[Mike Schoonover]

It is newsworthy.

[Joe Susher]

No, it isn't.

[Mike Schoonover]

Yeah, it is. You're wrong.

[Joe Susher]

Wow. Well, no, I'm not. I don't care how Gene Hackman died. If he was 45, I'd say you got something to work with.

[Joe Sucere]

Well, the wife was only 60.

[Joe Susher]

Yeah, she had issues.

[Joe Sucere]

And then. What about the dog?

[Joe Susher]

I don't care about the dog. You can get another dog.

[Joe Sucere]

What else?

[John Haidt]

Dog.

[Mike Schoonover]

This might be the most important story of 2025, and you are missing it. And the show is hurting because of it.

[Joe Susher]

I keep telling you, I'm going to remain proud of myself for not biting.

[John Haidt]

If I may, Chris, you obviously haven't been following it either. They. They announced two days ago that the. The dog thing, that wasn't true. The dog did.

[Joe Sucere]

Oh, I missed that, I guess. I did not know.

[Joe Susher]

Well, of course you did.

[Joe Sucere]

Well, you know why? Because I haven't been following their story. Because you told me not to.

[John Haidt]

Full circle.

[Joe Sucere]

Wait, so what happened to the dog?

[John Haidt]

Nothing. The dog was Joe.

[Mike Schoonover]

I can. In a different vein here, I can link why communism doesn't work to yesterday's traffic. Would you like me to.

[Joe Susher]

Speaking of that, I just like to.

[Chris Reavers]

Get the time of the championship.

[Joe Susher]

Listen to this one.

[Josh Arnold]

Yeah, I wonder if I get the.

[Joe Susher]

Time in the town. The New York Post is reporting that Vice President Kamala Harris handed over a check for nearly $7 billion. That's billion okay, Big money to a Bethesda, Maryland based group called Climate United Fund, which does not appear in the IRS charity base and has no federal filings. The nonprofit fund had only been incorporated in Delaware on November 30, 2023. According to public records, five months before Harris handed over the cash in April of 2024. So not even a year ago. Yet. This is March, isn't it? So 11 months ago, Harris gave this outfit called climate United Fund $7 billion. And who are they? No one seems to know. Their website documents little activity for a multi billion dollar operation. From the April press release of last year, Climate United is a partnership of three nonprofits. Calvert Impact, the Community Preservation Corporation, and Self Help Credit Union. As nonprofits go, all three are Significant operations, but nothing of the scale that suggests they are ready to administer a multibillion dollar government grant. To date, Climate Action has announced only 360 million in grants, but they invite more proposals to access their green bank.

[Mike Schoonover]

Huh?

[Joe Susher]

That this would become a political football was known from the get go. Bloomberg Law published a Republican's Pounce article as soon as the grant was announced last April. With the Climate United grant being the largest single piece of a $20 billion effort funded by the EPA, an all unelected bureaucracy. And the 20 billion was part of an even bigger fund. According to the New York Post, the cash for the charity came from a huge. Oh my God. $370 billion climate slush fund of taxpayer money overseen by John Podesta, a political consultant who was chair of Hillary Clinton's failed 2016 presidential run and House chief of staff to Bill Clinton. The New York Post also reports that the new EPA administrator under Trump is asking the inspector general to look into this now. Lee Zeldin, the new EPA chief, said he wants to claw back the cash doled out by the climate fund. On Monday, he called the agency's inspector general to investigate.

[Chris Reavers]

A billion is a lot of money.

[Joe Susher]

Can you possibly. We're seeing it on smaller scale here. And there's a link. There's a link, but can you even possibly imagine the corruption that has almost become organic in nature, in Washington? Can you possibly imagine what this really is? So Harris, God knows why her gives a check to the Climate United Coalition, incorporated in Delaware and running out of Bethesda, Maryland. She gives them $7 billion. And the same thing that we see happening here is. But there's no, apparently no conditions. No tell us, great deal. Let's see, what are you accomplishing? Nothing. So what that is, is $7 billion to feed. Not to feed.

[Joe Sucere]

That's a different fraud.

[Joe Susher]

I'm sorry? It's a different fraud.

[Chris Reavers]

Please use a different.

[Joe Susher]

That's $7 billion. For what? For what?

[Joe Sucere]

May I attempt to answer your question?

[Joe Susher]

Well, be careful.

[Joe Sucere]

I think I can imagine.

[Joe Susher]

Imagine a future. The freight trucks. Okay, take that down because that gives me a migraine.

[Mike Schoonover]

The director of the Greenhouse Reduction Fund left an NGO to come to the Biden administration. He becomes the director of the Greenhouse Reduction Fund and gave his former employer 5 billion. It's so crooked.

[Joe Susher]

The whole thing is so incredibly crooked. Everything is.

[Joe Sucere]

What is the line? You're either in the game, you're either.

[Joe Susher]

Playing this game or you're not. And most of us are not in the game. No, but we're Paying for the game. But we pay for the game. In my case, quarterly, four times a year. I pay for the game. Let the Keller Keller tax service.

[Mike Schoonover]

And you glossed over it quickly, but we should be driving this home. This Climate United fund that Kamala gave the money to does not appear in the IRS's charities database.

[Joe Susher]

Right.

[Mike Schoonover]

No filings.

[Joe Susher]

And I've said all along, climate change movement has nothing to do with the climate.

[Mike Schoonover]

This is what it's about.

[Joe Susher]

It's just a new record revenue stream. And I think the game perpetuates itself in Washington by the continuing invention of these new games, the continuing invention of new scams. And climate was a welcome addition to their scamming because they think it plays well with the public. And they have grandmothers in Des Moines very worried that their garden is a week behind. And it's very easy to buy into the whole climate, but it's all bs. It has nothing to do with. With what the temperature is supposed to be. It has nothing to do with the environment. It has nothing to do with the climate. It was an effort, successful, based on this revelation, to create more dispensation of revenue, or dare I say, the redistribution of wealth. There's no other reason for it is why Trump got elected. Yeah, but can he end it?

[Joe Sucere]

Well, wouldn't that be something that would come under suspicion with Doge.

[Chris Reavers]

How did we learn about this? How did we learn about $7 billion check sent to.

[Joe Sucere]

It was a whistleblower.

[Joe Susher]

It was announced last April.

[Chris Reavers]

Is this the kind of stuff that we didn't Elon Musk is looking for?

[Joe Susher]

Yes. This was announced last April with his headline, vice President Kamala Harris and EPA Administrator Michael Reagan join with Climate United to announce historic investments. And the average American might have read that and thought, isn't that nice? We're stopping climate change.

[Joe Sucere]

Time to get my kid to the side.

[Joe Susher]

There's not one shred of evidence that the money has ever been spent on anything to do with the climate.

[Joe Sucere]

Well, we're just learning. It's all one big grift. That's all that this is.

[Mike Schoonover]

Almost everything is.

[John Haidt]

Yep.

[Joe Sucere]

Statewide, nationwide, doesn't matter.

[Mike Schoonover]

I mean, just take one issue that's a problem in the United States right now. Homelessness. 375 billion. What would that do? All those people would either go into treatment or get a house, whatever, but they'd end up in homes and might.

[Joe Susher]

Have jobs and the money can't be accounted for. No, that's crazy. It goes to pay people that support your power base.

[Mike Schoonover]

So the question Then is, what the hell is the problem with us? We get up every day, we go to work for the man. We're trying to achieve the American dream. We're breaking even at payday. What the hell is wrong with us?

[Joe Susher]

We've been played too long, and they.

[Mike Schoonover]

Give us emotional issues, Joe. Like climate change.

[Joe Susher]

Yeah. Oh, it plays well with the letters to the editor writer of the Star Tribune. My blueberries are not. They're not ready. You know, all you people bought this. You've bought into this. It's a racket. The climate change is just the latest of their rackets. Now, let's bring it closer to home.

[Joe Sucere]

The moose you just mentioned the other day. Nope, we're good on the moose this year.

[Joe Susher]

This year's moose report was good because climate change didn't get the.

[Joe Sucere]

Well saw the investments we made clearly, I guess.

[Joe Susher]

But let's bring it closer to home. The. What's the latest on Amy? I have it here. If you just bear with me a moment. Where is it? Let's bring it closer to home. Well, I got it here. Don't you just. You just have a little patience.

[Chris Reavers]

Hold your horses.

[Joe Susher]

Here it is. I have it. I have it.

[Joe Sucere]

Yes.

[Chris Reavers]

Hold the ponies from still water.

[Joe Susher]

You know, last week, I toyed with the idea that Walls and the administrators he chooses. The fraud is so rampant and stems from so many agencies dispensing money to nonprofits. There's a bill, by the way, in the House to end that. I hope to God it passes. Giving money to nonprofits. That I said Walz and his administrators have to be involved, however. Allegedly. And I'm prepared to take that to the next level.

[Chris Reavers]

Okay.

[John Haidt]

Oh, boy.

[Joe Susher]

I think that the. I think that the Walls administration now calling for a $7 billion deficit, by the way, in the budget. Six. Six billion. I think the Walls in his administration, I'll have to keep using. Allegedly. I think they're in a purposeful redistribution of wealth. I think that's what Walls probably stands for ideologically. Again, we got hints of it. With his wife, we got hints of it. With his daughter, we get hints of it. I think he is purposely involved in the redistribution of wealth in this state and that these frauds went unchecked by him for so long. And I think the game he was playing is, well, if we can get away with it, let's just keep getting away with it until the law steps in. And then we'll have to pretend that we're concerned, which is exactly what's happened. Exactly what's happened. The MDE head Heather Mueller. She leaves conveniently when the law begins to intervene. And then you had the latest human Department of Human Rights executive. What was her name? Sari Tadpole or what the hell was her name? She left. When we learn of the daycare fraud and the autism fraud.

[Mike Schoonover]

I know who he means.

[Joe Susher]

I know. So I do, too. So I believe we not only have been played, we've been played dramatically and significantly to redistribute the tax collections that Minnesota receives from the people who get up and go to work every day. That money has been redistributed. And you even have some of the Somalis involved in the food fraud saying, amy Baks showed us the American dream. Well, from the administration standpoint of view in Minnesota, the American dream, they deserved the American dream and they were handed the American dream. They didn't have to work for it. It was a redistribution of wealth. And any doubt that Amy Bach, however, allegedly was their ringleader has come out. There's a great video shown on the news last night.

[Chris Reavers]

Jody Harpstead.

[Joe Susher]

Jody Harpstead. And I think these administrative leaders serve their purpose until it's wisest counsel to move them on and then replace them with somebody else who has no dirt yet. I'm not saying Harpstead is guilty of anything. I'm not saying Mueller's guilty of anything. I'm saying they had to be aware of the overriding insistence from the governor's office that this is going to happen until the law catches us. Allegedly. But we're at $610 billion in fraud and counting. Come on. Could everybody please wake up? This there. This is by design, right? That's my new understanding of this. It's by design.

[Mike Schoonover]

But if you say that, see, I don't know why I disagree with you. I can't put it into words. I think if you say that you have to accuse the whole DFL in Minnesota.

[Joe Susher]

I do.

[Mike Schoonover]

Of fraud.

[Joe Susher]

I do.

[Mike Schoonover]

And that they placed this useful idiot there on purpose.

[Joe Susher]

I do.

[Mike Schoonover]

That they offered him up for election.

[Joe Susher]

I absolutely do.

[Mike Schoonover]

And that he. He has his own daydream bullshit agenda. And they're saying to him, yeah, go ahead and pursue that. Meanwhile. So they're keeping him busy while they have their hands in the till.

[Joe Susher]

This is $7 billion to a climate United coalition. Microscopically, this is exactly what the Feds have been doing. Yes. I blame the dfl.

[Mike Schoonover]

You don't think it's just a wonderful coincidence for these people that are stealing so much?

[Joe Susher]

No. Too much money's involved. Too. Too many. Too many entities. Are involved child you're gonna have autism food for. Of course I am, Joe, if you.

[Mike Schoonover]

Keep pursuing this, because these are serious.

[Joe Susher]

Allegations and I keep using the word.

[Mike Schoonover]

Allegedly, I got bad news for you, buddy. That's not gonna stop a lawsuit you will lose. I got news allegedly means nothing.

[Joe Susher]

Perry Mason list.

[Mike Schoonover]

No, Joe, allegedly means absolutely nothing.

[Joe Sucere]

Let me back you up, Mayor, because wasn't it yesterday Johnny had the story of the one fraudster that apparently had already been involved in a different fraudster that we revealed in trial yesterday?

[Mike Schoonover]

Yeah, yeah, but, Chris, all those people are people that are taking advantage of this moron who's running the state.

[Joe Sucere]

Okay, I guess I see what you.

[Joe Susher]

Okay. And where I've taken it is to the next level, believing that the moron has done something intentionally.

[Mike Schoonover]

I don't think he's smart enough. I think he's an idiot who's pursuing his own agenda. And they're. They're saying. Yep, yep. Go after that, Tim. Keep it up. Good job. Meanwhile, they're robbing the state blind.

[Joe Sucere]

Kenny, he's not an idiot. He's a knucklehead.

[Mike Schoonover]

Right. Well, you know what I mean. Same thing. I don't know, Joe. You're gonna have to come up with proof for that one. I love where you're going. I'm not gonna stop you. I'm not gonna fight you. But I. I don't think he's the evil genius that you're giving.

[Joe Susher]

Well, I'm going to stop myself because I don't want to end up in court.

[Joe Sucere]

It might not be you.

[Joe Susher]

Yeah, well.

[Mike Schoonover]

You need the lefty media to look into this.

[Joe Susher]

Well, they won't.

[Mike Schoonover]

Right? Well, that's what you.

[Joe Sucere]

Wait a minute. Hold on, Preebs. Let's think this out. You ending up at court might be.

[Joe Susher]

Damn good for the show. Yeah, it's good publicity. No, I. So I have to go with the company line, which is. Boy, what a coincidence that every single entity we can think of has suffered fraud.

[Joe Sucere]

What was the line we stole from Representative Rearik? Help me understand.

[Joe Susher]

Yeah, help me understand this.

[John Haidt]

Well.

[Mike Schoonover]

We need somebody on the inside.

[Joe Susher]

Well, what? Find me the latest. Find me a pat. Find me a late Garofalo quote. I'll accept him from Twitter because I know who he is. Okay, but I think he alluded to something that is along the lines of which I am speaking.

[Joe Sucere]

God, I even spell his name wrong when I look him up.

[Mike Schoonover]

I need somebody more than an unnamed source and somebody from the left who can give you evidence, proof.

[Joe Susher]

Nobody from the left is Going to give me any evidence of any.

[Mike Schoonover]

If you want to pursue this.

[Joe Sucere]

3 hours ago Pat Garofalo AOAO Minnesota releases our budget up or updated budget forecast assumptions today at 9:30. Prediction worse. Much worse. When government increases spending by 38% you can expect a fiscal calamity. We are paying for the sins of last session's unsustainable spending increases.

[Mike Schoonover]

That doesn't have anything to do with fraud or future fraud.

[Joe Susher]

I thought I read one where he was intimating some knowledge of fraudulent behavior.

[Joe Sucere]

There is an epidemic of government funded NGO fraud regardless of party. Doge needs to keep digging. Congress needs to defund. As we learn more about this at the federal level, Minnesotans need to stay focused on our own state which has the worst Covid fraud in the nation.

[Joe Susher]

Okay. Thank you.

[Joe Sucere]

You're welcome.

[Joe Susher]

Again, Minnesota is a microcosm of what's happening federally. Let's just leave it at that. That the Minnesota government is too big. It gives too much money to NGOs, it gives too much money to nonprofits, and much of it ends up fraudulently. Fraudulently spent.

[Joe Sucere]

May I share one more? Because it pertains to you directly.

[Joe Susher]

If it's from Garofalo, it is.

[Joe Sucere]

If anyone, or excuse me, if you are an opponent of Doge who no longer wants to drive your slightly used Tesla, let me know. I'll help you stick it to Elon Musk by buying your car from you far below market value. That will really show him.

[Joe Susher]

God, he's funny, man. He loves those Teslas.

[Mike Schoonover]

You got to follow the kickback money. Does it stop where they're saying it stopped or did it go any higher in food?

[Joe Susher]

In the Feeding Our Future scandal in Minnesota. So far we've only got it going back to Amy Bach, however, allegedly.

[Mike Schoonover]

Yeah, and we need to find out if it ended there or if it goes. If it goes further than her, then I think you have a story.

[Joe Susher]

Okay. I continue to say this, and I've said this all along, I don't think walls lined his pocket. But I now wish to assign to him a greater responsibility for it than we did say a year ago.

[Mike Schoonover]

What's in it for him though, if he didn't line his pocket?

[Joe Susher]

The fact that he's a Chinese agent. The fact that he's a redistributionist, allegedly allegedly Chinese agents. Did I say that? Yes. I didn't mean to say that.

[Joe Sucere]

You meant allegedly.

[Joe Susher]

Yeah, allegedly.

[Mike Schoonover]

He's not going to help you at all.

[Joe Susher]

Shut up, Perry Mason. I don't want to keep hearing that.

[Mike Schoonover]

It's like Saying no offense intended. Same thing.

[Joe Susher]

It's all due respect. With all due respect.

[Mike Schoonover]

Same as all due respect. It's just.

[Joe Susher]

I really think you're an idiot, okay? Something's going on in this state that ain't right. How about that?

[Joe Sucere]

There you go, huh?

[Joe Susher]

You accept that one.

[Mike Schoonover]

We need to turn Amy Bach. She needs to turn. Need to threaten her with 100 years of hard labor so she'll start singing like a canary.

[Joe Sucere]

Maybe we could sentence Amy Bach.

[Joe Susher]

Geez, I like that idea. We need Amy to turn.

[Joe Sucere]

Yeah, but why would she.

[Joe Susher]

To save her skin from going to the hooskal for a hundred years.

[Mike Schoonover]

100 years of turning boulders into pebbles.

[Joe Sucere]

Maybe we'll just make her listen to Sebastian Bach.

[Joe Susher]

But she's claimed, you know, she has nothing to do with it. And she's innocent. There was a film last night showing mostly gals and they were Somali and they had the full dress on. You know, they had deals and. And they gave Amy a plaque honoring her as their leader. And it was just. It. It dealt. That's been introduced in court. It should inform the jury of who they're dealing with.

[Chris Reavers]

Gave you a bad feel.

[Joe Susher]

Yeah.

[Chris Reavers]

Bad vibe.

[Joe Susher]

Yeah. What are you gonna do?

[Investment Services Announcer]

What are you gonna do?

[Chris Reavers]

I mean, what are you gonna do?

[Joe Susher]

I suppose I gonna shovel the hump. Suppose I'm gonna get down there.

[Mike Schoonover]

Isn't that what we're all just doing to as every day collectively while our politicians get rich?

[Joe Sucere]

My kid home from basketball.

[Mike Schoonover]

Yeah, yeah, yeah, right.

[Chris Reavers]

Have him shovel the home.

[Mike Schoonover]

Another day in paradise. Shoveling the home.

[Chris Reavers]

Boy, that's depressing. On a positive Thursday.

[Joe Susher]

We haven't had a positive Thursday in 15 years.

[Joe Sucere]

Not true. Mike Schoonover brings it. Every single week's positive.

[Joe Susher]

But you know, I do have some positive news.

[Chris Reavers]

There you go. Look at that segue.

[Joe Susher]

Well, GL's favorite piano player, Stephen C. Anderson. How about a free concert at the Cathedral at 1pm Saturday, March 15? Free Stephen C. Free Stephen C. And friends at St. Patrick's Day weekend. He's bringing his on the Hill live music performance at the Commodore to the cathedral. And he's got friends with him. He's got Mike Dowling on guitar.

[Chris Reavers]

Did we fix the piano?

[Joe Susher]

He doesn't have Pat. Pat has a conflict. Pat Dony has a conflict.

[Chris Reavers]

Did he fix the piano leg or is it just like a two by four that's holding that beautiful piano up?

[Joe Susher]

It's. It's a wonderful opportunity to hear him. To hear him for free. And it's. There's going to be Solo piano, acoustic guitar, violin, vocals, Celtic melodies, inspirational songs, classic hymns and meditative music for the season of Lent. Truly lifts the spirits. Irish or not. Again, just go to eventbrite.com are they.

[Chris Reavers]

Having a tribute to the Boston Celtics?

[Mike Schoonover]

Celtics, spelled with a K and pronounced Celtic.

[Chris Reavers]

Larry Bird's gonna come and do a Sol.

[Mike Schoonover]

The K is silent.

[John Haidt]

It's spelled with a C, actually, but.

[Chris Reavers]

It'S coming down from Celtic.

[John Haidt]

No, Celtic.

[Joe Susher]

The Celtics. The Boston Celtics.

[Chris Reavers]

Parquet floors.

[Joe Susher]

Yeah, they got the parquet floors.

[Joe Sucere]

Robert Parrish in the house.

[Joe Susher]

We got red. Okay, okay, okay. Celtic melodies.

[Mike Schoonover]

Thank you.

[Joe Susher]

Go to eventbrite.com 1pm Saturday, March 15 Our man Stephen C. Why don't we take a time out?

[Steven Deaner]

Hey, it's Steve. Stephen Deener from the hit podcast uap. And you never know who might show up to talk to me about the alien topic. Like Snooki from the Jersey Shore.

[Joe Susher]

You literally are my favorite UAP alien UFO podcast.

[Steven Deaner]

Or Nick Pope from the popular show.

[Joe Susher]

Ancient Aliens from the Temple Walls in Egypt.

[Kenny Olson]

The way in which there are similarities between that and how scientists now think.

[Joe Susher]

We might open a wormhole. It's uncanny.

[Steven Deaner]

Find out why millions of others have already downloaded UAP and listen now, just by searching uap.

[Joe Sucere]

Wherever you get your podcasts, Reavers here once again for my guy. Mr. Money Talk. Josh Arnold. Does thinking about retirement make you uncomfortable? Well, sometimes the anxiety from wondering if you've saved enough can be overwhelming. But what if I told you that you could ease those tensions in just 48 minutes? Well, Mr. Money Talk is going to be able to sit down with you and get you on the right track for your financial future. Josh has navigated it all when it comes to uncertain market and economic conditions. And he'll always provide straight talk, never sugarcoated advice on how to reach the finish line with your retirement goals. Don't let your financial worries give you ulcer or keep you from calling Josh right now. His 48 minute, no obligation consultation could be just what you need to feel better about your future. Call Josh today at 952-925-5608 and set up your free. Yes, free 48 minute, no obligation consultation. That's 952-925-5608.

[Investment Services Announcer]

Investment services offered by Josh Arnold Investment Consultant, LLC. A security investment advisor. Past performance is no guarantee of future results. All investments involve risk. All comments and opinions are Josh Arnold's and do not constitute investment advice.

[Joe Susher]

Chris Reivers is a endorser.

[Chris Reavers]

I do Antonov 1111. You can track it.

[Joe Susher]

The Earth is Not your mother. The Joe Sugiray Show.

[Mike Schoonover]

Well, it might. Well, we call it Positive Thursday. But is it? I mean, come on. Tell you when it is going to be Positive Thursday next week. Thursday, March 13th. And it's the Northwest Sports show returning to the Minneapolis Convention Center. It runs through the weekend until the end of the day Sunday. It's our chance to find the newest, the latest and greatest and everything. Outdoor fishing boats, RV travel, power sports, everything. You need a great time to try and buy and then save a bunch of money. And just for you, Mr. Joe, you're thinking about getting an RV, moving out of that house, maybe living in a parking lot somewhere, just like your hero, Jim Rockford. Get down there and check out that new RV area and maybe you can return to a life of happiness. Admission, 15 bucks if you pay at the door. 13 for children ages 12 and under are free, but 8 if you are a gl er. Here's what you're going to do, and you're going to do it right now. Today. Go to northwestsportsshow.com Enter code GARAGE.

[Chris Reavers]

Boom.

[Mike Schoonover]

You just saved $4 on a ticket at the 2025 Northwest Sports show at the Minneapolis Convention center. Starting next Positive Thursday.

[Joe Susher]

May I say for the public record, allegedly, that I think Jim Walls is a great governor. I think he's doing a wonderful job.

[Mike Schoonover]

It's too late.

[Joe Susher]

There's nothing to gripe about in this state. And he happens to be presiding over a situation in which these unfortunate developments have occurred that he has nothing to do with them, nor his administration has anything to do with them. It was just a case of being over generous, being charitable and generous and not cracking down enough on where the money goes. That can happen to anybody. I think that can happen.

[Mike Schoonover]

Not only is your nose growing, but your hair is on fire.

[Joe Sucere]

And I think I speak for the entire audience by saying, we don't know that.

[Joe Susher]

No, I'm serious. He's a. He's a top drawer, very top drawer. Commander. Corporal. Allegedly.

[Mike Schoonover]

What was he?

[Joe Susher]

No, he's a staff sergeant. I don't know. Say, can I say something, General? This poor fellow has been in the news quite a bit. A local transgender fellow named Sam Nordquist who was brutally, brutally murdered in New York by about, what, seven or eight people, John?

[John Haidt]

Yeah, a whole batch.

[Joe Susher]

And I just want to say, before he's offered up as an example of a victimized trans person, I think the people who tortured and murdered him were also in the LGBTQ community. He went out to New York to rendezvous with a friend and the next thing you know, he was held captive by these people and treated poorly to the point where he was killed.

[John Haidt]

He was tortured, basically.

[Joe Susher]

Tortured to death. And God rest his soul. But it was done by people. Well, it says right here, they themselves were members of the LGBTQ community. So I don't know what that was about. I don't know why they chose this poor fellow to torment, but they did. So I just. And I haven't heard it being offered up as an example of trans victimization, but in the event it ever is tried that tried. You can remember that. Well, he kind of was undone by his own gang. And I don't know why. It was a dreadful.

[Mike Schoonover]

Yeah, I don't.

[Joe Susher]

Dreadful story.

[Mike Schoonover]

Yeah, it was tough reading about that one.

[Joe Sucere]

Yeah.

[Joe Susher]

In February of 2023, I read from the American Experiment, John Phelan, Minnesota Management and Budget forecast a state government budget surplus of 17 billion for the 20242025 biennium. You'll remember that in that historic session, the DFL trifecta spent every bit of that surplus. And Minnesota state government spending per person and adjusted for inflation, increased by 23%. The historic trifecta also hikes taxes and fees by $10 billion. But even this was not enough to cover the explosion in state government spending. And in November of 2024, just what a few months ago, Minnesota Management and Budget forecast a state government budget deficit of 3.5 billion for the 2028, 2029 biennium, or $5.1 billion if you account for inflation. This deficit, the result of gross fiscal mismana over the last four years, is the central fact of our state government finance. How we close that deficit, whether by tax hikes, spending cuts, or some combination of the two, will be the dominant question in state politics policy for the next couple of years. Many of the proposals to have emerged so far propose tax hikes. We went from a budget that made tax hikes seem inconceivable. No, we went from a surplus that made tax hikes seem inconceivable to now a deficit approaching $6 billion in the state of Minnesota. How can this be too much spending?

[Chris Reavers]

How can they get away with it without reducing spending?

[Joe Susher]

Okay, well, what were the checks and balances against a trifecta? The news media? There were no checks and balances against a trifecta given where tax cuts are proposed. A closer look reveals that they are, in fact, tax hikes. Governor Wall's proposal to broaden the base of the sales tax while cutting the rate is not a bad one in theory, but As I wrote in January, that's John Phelan speaking in practical terms, what matters is the extent to which the reduction in the tax take from the lower rate is offset by the increased from the broadened base. Under the Wall's budget, the average family will save $42 a year and reduce sales taxes. But that saving would be dwarfed by spending $620 on newly taxed professional services. Overall, the expected impact is about $185 million in additional revenue for the state government. The measure is in fact a tax hike and on those grounds we do not support it. If the rate were lowered so that the measure was at least revenue neutral, we would. So this will be the dominant focus of state government for the next until the next biennium. Where's the money going to come from to close the deficit that was created by irresponsible and immature spending of a $17 billion surplus? Imagine if you tucked that away for a rainy day, right?

[Chris Reavers]

You're able to cover it right now.

[Joe Susher]

Imagine if you didn't. $1 billion unneeded new office building. Imagine if so many billions of dollars weren't given to unaccountable nonprofit organizations with no checks and balances on their behavior or achievements. We wouldn't be in this condition. But we are in this situation. We'll have to deal with it. And it sounds like what it means is that everybody in the state of Minnesota will be paying higher taxes, that we're already a very highly taxed state. Imagine a future. Imagine a future of buses that don't make any noise and.

[Joe Sucere]

Get stuck in the stone.

[Joe Susher]

Well, I have to bring it up.

[Chris Reavers]

I feel I owed it to you.

[Joe Susher]

While it was in the news that. That the Trump administration has cut off or cut off yesterday, the means by which we were helping Ukraine identify incoming ordinance, that we were able to alert them, including the most powerful missiles sent into Ukrainian territory by the Russians. The US cut off intelligence sharing at 2 o' clock yesterday. And I'm just so at a loss to understand that that I have no answer for that. Why is that? Why would they shut that off? And the answer, I suppose, will be to hurry up the new talks with Zelensky to give a new intensity to negotiating much more quickly. Zelensky, get on a plane and get back over here. We just cut off everything you need to know about how you're. Do you like that, Zelinsky? I'm sure you don't. Get over here and we'll renegotiate.

[Joe Sucere]

Does he have to get on a plane? Can they do it via zoom.

[Joe Susher]

I'm. It's a good question. I'm wondering if it could be. If it's that, I mean, I would do anything in my power to hurry this up, to get the intelligence gathering back. Crucial intelligence for long range missiles such as Himars, which have been key to holding back the Russian offensive, went dark at 2 o' clock yesterday. White House officials said the US would only lift the ban on sharing the data if it could nail down negotiations with Ukraine, which are expected to cover the minerals deal that was put on ice after the clash in the Oval Office last Friday. Diplomatic sources, however, suggest Mr. Lindsay Zelensky may have to offer additional concessions to get talks back on track. I wonder what that is. I wonder what those would be. The Ukrainian President has suggested committing to ending the naval war in the Black Sea and freezing long range strikes. Two suggestions put forward by Emmanuel Macron under his plans for a temporary truce that could build confidence both sides. All right, I'm going to go way out of limb and say something here.

[Chris Reavers]

Let's go.

[Joe Susher]

Follow. It's russia. Can peace be negotiated between Russia and Ukraine? I don't know. I'm asking rhetorically. Can Russia.

[Joe Sucere]

Kenny said this a hundred times. This goes back back a lot longer than any one of us has been alive.

[Joe Susher]

Isn't it in our DNA? Isn't it in the American DNA to reject Russia?

[Chris Reavers]

You mean what they're doing right now?

[Joe Susher]

It's dictatorial, it's corrupt, it's murderous, it's has designs on expansion, which is why NATO was created in the first place. And NATO's worked wonderfully for 75 years. And the U.S. should not leave NATO. There's been talk of that. But if it's in our DNA to hate Russia, and it is, and with good reason, then it's hard to understand why you would deprive Ukraine, which did not start the war. Why you would deprive Ukraine of merely accessing intelligence data that would at least alert them to, oh, you got a big one coming in from the southwest. What, what, what would. And again, the purpose apparently is to, to hurry on the negotiations. I don't get it. That's all I have to say about it. I don't understand it. Does anyone?

[Chris Reavers]

I don't understand it.

[Mike Schoonover]

No, I, it's so far above my pay grade that I don't even feel confident commenting on it. You know, they, they show us one thing and they're doing something else under the table. It's the way it's been with us and other countries. Since Eisenhower. You know, I just. I don't know, Joe, but I. I see how you come to that conclusion.

[Joe Sucere]

Maybe this will help.

[Joe Susher]

So Ukraine is. I'm.

[Mike Schoonover]

God, could you please not.

[Joe Susher]

That won't. That won't. Just. That won't help.

[Mike Schoonover]

I won't even be done with her forever, Chris.

[Joe Sucere]

I'm sorry.

[Mike Schoonover]

Forever. Done with her?

[Joe Susher]

Yeah. I. I think you should erase all tapes of her. 0% chance of doing that, because she is. I mean, as recently as Reagan, you know, the, the terminology was that Russia was the evil empire.

[Joe Sucere]

That was 40 years ago.

[Joe Susher]

Well, there's still evil empire.

[Mike Schoonover]

There's so many things that. That reality is so different from perception, or vice versa, I guess. Perception from reality, you know, going way, way back that it's hard to know. But I can see how you.

[Joe Susher]

The, you know, John, way in.

[John Haidt]

Well, the thing is, with Reagan, it was the evil empire. Reagan managed to help destroy that evil empire, and. And Putin has managed to build that evil empire back.

[Joe Susher]

Yeah.

[John Haidt]

So I don't see any difference from what it was, you know, in 1983 as to what it is now.

[Mike Schoonover]

Does Putin have the backing of the Russian citizens?

[John Haidt]

Allegedly, but who knows? Allegedly.

[Joe Sucere]

Well, yeah, because if they don't, they're going to wind up falling out of a hotel window.

[Joe Susher]

Hello.

[John Haidt]

And that kind of makes Joe's point. Yeah.

[Joe Susher]

I don't know. We live in the strangest times. Whether it's $7 billion to a climate fund or food fraud or withdrawing our technological help for incoming ordinance, we live in very strange times. I don't know if you know that or not.

[Joe Sucere]

I'll say.

[John Haidt]

Yeah, very strange.

[Joe Susher]

God Almighty.

[Mike Schoonover]

Is it really all about NATO? NATO with Putin, Is really that his only beef?

[Joe Susher]

Well, I think NATO was an obstacle to his desires for expansion. I mean, if, if, if Putin had his way, he'd take over every Eastern European country. And NATO's there to prevent that.

[Mike Schoonover]

And he'll keep doing that.

[Joe Susher]

Well, he can't keep doing it. He hasn't done it. He's tried it. He's trying it with Ukraine because Ukraine isn't in NATO. Poland's in NATO.

[Chris Reavers]

Well, Yak Shamash.

[Joe Susher]

North Atlantic Treaty Organization. Probably one of the most successful deterrents to communist expansion. The most successful deterrence to communist expansion that ever was dreamed up.

[Joe Sucere]

No. Fraud.

[Joe Susher]

Well, who knows? Fraud? I know nothing about fraud.

[Joe Sucere]

Right.

[Joe Susher]

Including here in the state of Minnesota. I think our governor's great, and I think he's doing the best he can. I really do. And I wish him nothing but the best.

[Mike Schoonover]

People tuning in right now, Joe is trying to stay out of prison for.

[Joe Sucere]

Those of you that missed the first six.

[Mike Schoonover]

But perception is not reality in this case.

[Joe Susher]

Now this snow on the ground could thwart.

[John Haidt]

Thwart.

[Joe Susher]

Thwart your bicycle riding this weekend, but the temperatures won't. Have you seen the forecast?

[Joe Sucere]

We're getting some melt on.

[Joe Susher]

I want you to get out to EcoFun Motorsports two locations.

[Chris Reavers]

Did you also tell them where a good spot to ride the bike would be?

[Joe Susher]

Oh, yeah. Rookie called me and then I immediately put it on the Twitter. The Pelham Avenue bike lane yesterday. Yesterday, while cars had to go three miles an hour because the streets were so horrible.

[Chris Reavers]

Driving on a washboard.

[Joe Susher]

We're gonna get to EcoFun here in a moment. The Pelham bike lane was bone dry right down to the pavement. Dry as a bone. Perfectly plowed in the middle of summer and not a bicycle and site. The roads however, were suspension damaging.

[Joe Sucere]

City gets an F minus with snow removal. My God.

[Joe Susher]

It's not the drivers. It's not the drivers. They know what they're doing. But it. It. That Pelham Avenue bike lane was perfect. Perfect.

[Mike Schoonover]

You.

[Chris Reavers]

It would make you want to ride an eco bike.

[Joe Susher]

I almost, I almost got out of the car and just wanted to walk. It was so nice. With confidence, like I said. Anyway, the temperature's gonna rise. Get out to Ecofund. It's on Highway 97, Forest Lake Columbus, just west of 35. And it's the electric bike capital of the world. And you're gonna need a helmet just for the hell of it. It makes sense. In fact, I know guys who are motorcyclists and they don't wear a helmet on a motorcycle, but they ride a helmet when they. They go bicycling.

[Chris Reavers]

Got it.

[Joe Susher]

Because it's really helpful. They're all on sale starting at just $50. If you have equipment with Ecofund, schedule your winter storage pickup. Those Deliveries begin on April 15th. Get a hold of Ecofund Motorsports. It's the electric bike capital of the world. Generators, snow removal equipment, scooters, motorcycles, youth recreational equipment. Hands down, the most fun store I've ever been in. It's in Forest lake, Columbus on 97, just west of 35. And down in Burnsville on the service road of life near County Road 42. And a great, great website, ecofunmotorsports.com.

[Joe Sucere]

Yes.

[Mike Schoonover]

It'S the. It's the end of the world as we know it.

[Joe Susher]

And he feels fine.

[Joe Sucere]

Joe Sucere fastphotofilm.com and don't forget photo is spelt with an F. I'm getting a lot of really good emails about people for those gifts that are [e-mail] it's your old fashioned photo lab that offers in house film processing, photo scanning, photo restoration, custom greeting cards for any occasion, photo books, passport photos and more. If you've got a photo idea, they can help. And right now, if you go on their website or if you give them a call directly, there's a gift for you through the end of the month of March. Sale is going to run through the end of this month. And just for you. G lers. Yeah, that's how it's going to work because Fast Photo Film wants to take care of all of you G lers. But that sale ends March 31. Mention Garagelogic and receive a custom gift just for you. Also a really neat photo idea. If you bring into their lab or if you order through their website a favorite image, they can turn it into a professional art print for your wall. And they can print on all kinds of media, fine art, paper, canvas and even metal prints in some cases. But check out their website. It's really neat. Fastphotofilm.com and get yourself a gift if you want to digitize those photos for safekeeping that generations can enjoy. They're your people. Call them directly. 952-835-1815 or once again, visit fastphotofilm.com here's John Haidt.

[John Haidt]

Thank you, Joe. This news update brought to you by North American Banking Company as we talked about earlier year, Minnesota is headed on a negative fiscal trajectory in the near future. According to the state's latest forecast, the state will have a $456 million surplus heading to the 2627 fiscal year. That's down 160 million from the previous estimate, according to Minnesota Management and Budget. But then for the 202829 biennium, Minnesota is on course for a nearly $6 billion deficit. 852 million worse than was projected a few months ago. Oh. Minnesota management budget said shifting policies at the federal level likely will drive some inflation in the near future. So these are estimates, of course, and the numbers could, well, they could get worse or they could get better, but we'll, we'll see which way.

[Joe Sucere]

That's your prediction?

[John Haidt]

Yeah. How's that? One person is dead after being hit by a Metro Transit green line Wednesday afternoon. Metro Transit police officers responded to the corner of University Avenue west and north avon Street around 1 1:40pm on a report that a person who was crossing the tracks was hit by a train. The person died at the scene, according to Metro Transit officials added they were hit at a marked pedestrian crossing. Metro Transit added the train operator is being treated for unknown injuries. The person who was hit has not yet been identified.

[Joe Susher]

Well, unfortunately, if you get hit by a train, it's your fault, right?

[John Haidt]

A man wanted by St. Paul police as a suspect in multiple sexual assaults has been arrested, according to a press release from the St. Cloud Police Department on Monday, a search warrant was issued at an apartment on Main Prairie Road. During their search, authorities said they arrested 18 year old Rakai Davis. Davis considered a high risk to public safety, according to court documents, and had a nationwide warrant out for his arrest. Charging documents say Davis was wanted in connection to three separate sexual assault cases between May 27, 2023 and December 9, 2024. Prosecutors say Davis DNA was matched by authorities in two sexual assault investigations that occurred in late 2024 as well as an earlier incident that occurred May 27, 2023.

[Joe Sucere]

Ah, Mary will get them out in no time, right?

[Joe Susher]

I think so.

[John Haidt]

FBI is investigating a Sun Country Airlines flight that originated from Minneapolis St. Paul was diverted due to a security scare on board. The flight was headed to Mexico, but was diverted to El Paso, Texas. Video taken at the scene showed the flight landing just before 4 o' clock yesterday afternoon. According to sun country, the decision to divert was made out of an abundance of caution due to a security threat. However, there's been no word on what that threat was. Sun country says the flight landed safely. Passengers were deplaned without incident. The airplane airline says they're working to get 156 passengers to their original destinations in Mexico.

[Chris Reavers]

That's a train wreck.

[Joe Susher]

Thank you. Yeah.

[John Haidt]

A Minnesota business note from the Star Tribune today, one of Minnesota's biggest resorts with legacy of family ownership span 85 years is changing hands. It's Cragan's Resort on Gull Lake. Yep. Owned by 93 year old Dutch Cragan, whose father opened the resort in 1940, is now under contract to be sold to a local investment group by a Brainerd Lakes area resident, Jamie Tatke, president of Leisure Hotels and Restaurants headquartered in Baxter, Minnesota. Tatke said in an interview, there's a lot of emotion in this transaction. This is a big deal for the seller and it's a big deal for us. Us. I think there's just a lot of good synergies to have something like this in our backyard that we can have a lot of fun with. This is the 12th property in Minnesota for leisure hotels and restaurants, including a new hotel opening on Lake Minnetonka in May, Quarter Deck Resort in Nisswa, Cove Point Lodge in Beaver Bay and Pier B Restaurant Hotel in Duluth. Leisure Hotels and Resorts is a third party resort and hotel management firm. It operates locations throughout the Midwest as well as Orange, Oregon, Nevada, Vermont and another headquartered in Kansas.

[Chris Reavers]

What's their next tire? So do they own the COVID already?

[Joe Sucere]

Well, that's. They were a giant supporter of the show when we were on the radio. That's right, the COVID What were you doing this weekend?

[Chris Reavers]

We're running up to the COVID How you getting there? Taking the Jeff speaking of the COVID.

[Joe Susher]

What'S the COVID We're topping.

[Mike Schoonover]

It's that episode of Rockford Files that we watched earlier this week.

[John Haidt]

Tonight, John, a somewhat weird update on that story we told you about yesterday in North Dakota. The Spirit Lake tribe corrected the toll from Tuesday's deadly shooting in St. Michael to two dead and one critically injured. Details of what happened still though have not been released. The tribe on Tuesday had said three people people had been killed, but officials yesterday issued a new statement saying we've received updated info confirming only two victims. Victims were pronounced deceased while one remained in critical condition. The FBI, which investigates crimes in Indian country issued a statement yesterday saying the two who died were a woman and a child. The third victim suffered life threatening injuries. The shooting happened around 9:30 in the morning Tuesday on the reservation town in northeastern North Dakota. Law enforcement apprehended a suspect shortly before 1:30 in the afternoon. A shelter in place order issued to all residents within the reservation's boundaries after the shooting was lifted later on Tuesday. Why don't we take a quick break here and have some national and international news after this.

[Mike Schoonover]

Mike Schoonover is here because, well, you know why? It's Positive Thursday already. And Positive Thursday is always brought to us by Schoon over Body Works and Auto care located Shoreview, 1060 County Road East. Happy Positive Thursday. Mike Schoonover, how are you?

[Joe Susher]

I'm good.

[Kenny Olson]

Kenny. Positive Thursday to you too. And it's the state high school boys.

[Mike Schoonover]

Hockey tournament, my favorite time of the year. This is so fun. I just enjoy this so much and I argue we could talk about hockey this whole segment. I love the two class system. I know a lot of you old timers don't, but I love it. I think it gives smaller schools a chance to get in and play. That's fun for me anyway.

[John Haidt]

I agree.

[Kenny Olson]

Well, you get more teams in it.

[Mike Schoonover]

We're actually here to talk Business. You know what, you just had a bunch of kids walk through the shop there. You told me Century College kids were in there taking a tour of the body shop. Did you have a chance to talk to them? And if you did, what do you tell those kids?

[Kenny Olson]

Well, you. Yeah, it was, it was a good, it was a good visit for them. They, they got to see what it's, what an independent repair facility looks like. That is, that is, you know, we are ready for the future of servicing our customers. So they got to see that and, and hear all the opportunities that are available both, you know, in the shop area, whether it be the body shop, paint shop, being an ADOS tech or a mechanic or working in parts or working in sales or, or working in management. There's just so many opportunities available in the auto repair marketplace that their options are open. And I told them all that education is important, but the most important thing is to have the common sense, the hard work, the dedication, all those traits that are important for people to have.

[Josh Arnold]

A good work ethic.

[Mike Schoonover]

I've been lucky enough to know a few Bodi guys throughout the years. And the ones that started, you know, sweeping the shop with no education at all. And the ones that did have an education, they all had the same thing in common. They would work at their shop all day and then they would go home and work on their own cars till 10, 11 at night. Are you still seeing that with kids coming out of, you know, like Century College?

[Kenny Olson]

Few and far between, Kenny. Because, you know, once they've done, you know, it's not like the old days when, you know, it was easy to work on cars.

[Mike Schoonover]

Yeah.

[Kenny Olson]

Now it's just so challenging. They do the work, but, you know, now it's like, I gotta go buy a new, you know, a new programmer for, you know, to get this thing to talk to my computer or whatever. You know, there's, they're just, it's a different type of repair.

[Mike Schoonover]

So.

[Kenny Olson]

But I really think that the future is bright for, for these kids that are in the, in the trades, especially the automotive trades, because, you know, it's not going to replace them. Kenny, AI is not going to replace anyone in the trades.

[Mike Schoonover]

There's no way it can. No matter how many computers they cram into a car, no matter how smart your windshield is, is you still need people, experts, pros to install those items, right?

[Kenny Olson]

Yeah, yeah, absolutely. Yeah. So the, you know, the kids that were at Century, they've changed their curriculum a little bit. They've gone from a two year program down to a One year program. So these kids start in the fall and then they're going to graduate sometime late July and, and they'll be, you know, they'll be ready, ready to roll. But you know, our industry is a little bit different from the rest of the trades just simply because it takes them a little bit longer to get up to speed with what they've, you know, learned in a one year program to what real shop experience is like. And a lot of them, quite frankly, Kenny, they don't know if they want to work in the paint shop, if they want to be a painter or if they want to do bodywork or if they want to work in the office or do something else. It'll take a, it'll take many years for them to figure it out as they mature. Just like in any career opportunity that you know who they are when they're 18 is not the same person when they're 24.

[Mike Schoonover]

As for painting, you don't just start at a body shop up fresh out of a tech school and go right to the paint booth and start putting down layers. That is, that, that's a serious art that takes a long time to master. Is. Doesn't.

[Kenny Olson]

Does it? Does. But there's a lot of really, really good, you know, there's a lot of talented kids out there that, that probably could come out and, and, and spend very little time in the training process and be able to, you know, hammer it home. But you know, it does take years to become, you know, a master at it. But, but there's always that exception. There's, there's always somebody that was, was born with that, you know, with that ability. And, and especially, you know, what we're seeing now is there's more women who are coming into the industry, especially in the, in the paint, because the female eye for color is much better than the male eye.

[Joe Susher]

Really?

[Kenny Olson]

Yeah. Yep, absolutely. So, so we are seeing more. You know, there was, there was, there's two gals that were in this class that, that are looking to get into the industry. So it's really cool to see that because I think the, I think the industry is, is really needing, you know, more female employees because they, they do have so much to bring to the table.

[Mike Schoonover]

Well, I'm glad they had a chance to tour the, what I call the number one shop here in the metro, the official body shop of Garagelogic Schoonover Body Works and Auto Care at it since 1938 here in the Twin Cities. The best in the beginning is schoonoverbodyworks.com. thank you, Michael.

[Kenny Olson]

Thanks, Kenny. Have a great day, guys. Thanks, jailers.

[Joe Sucere]

The Earth IS NOT YOUR mother, the Joe Sugiray Show.

[John Haidt]

Before we get to the rest of the news, I have one other thing to update you on. Remember I said the dog wasn't dead at Hackman's? Yes, there was a dead dog, but they had identified the wrong dog.

[Joe Susher]

I see.

[Josh Arnold]

That is not my dog.

[John Haidt]

They had. They have three dogs. They identified the dead dog as Bear. And apparently Bear was a big dog that all the neighbors knew. And the neighbors were mad because Bear was still alive and misidentified as dead. So, Zinni, the dog was dead.

[Joe Susher]

Woof.

[Joe Sucere]

Okay, Whose dog was it then?

[Joe Susher]

We don't know.

[Chris Reavers]

Okay.

[John Haidt]

A second federal judge today extending a block barring the Trump administration from freezing grants and loans, potentially total trillions of dollars. U.S. district Judge John McConnell in Rhode island granted the preliminary injunction in the lawsuit filed by nearly two dozen Democratic states after a Trump administration plan for a sweeping pause on federal spending stirred up a wave of confusion and anxiety across the U.S. in the ruling, the judge said the executive branch was trying to put itself above Congress and by doing so, quote, undermines the distinct constitutional roles of each branch. Branch of our government. Department of Veterans affairs planning to reduce its workforce by more than 80,000 people, according to a memo seen by the New York Times outlining President Trump's efforts to slash the federal bureaucracy. The memo, first reported by the trade publication Government Executive, calls for the department's workforce to go from 482,000 workers to about 399,000 workers. Some of those cuts could be made by offering early retirement, retirement or severance payments. But earlier efforts to entice employees to quit their jobs voluntarily fell far short of the Trump administration's stated goal to reduce the size of the federal workforce. As Joe talked about, Ukraine may have enough weapons to fight Russia unaffected for a few weeks at least. But President Trump's decision to stop sharing intelligence could cost civilian lives almost immediately, according to military experts. As Washington turns off the tap on its $65 billion of aid, Ukraine will also now have to do without American intelligence that has helped it to anticipate Russian attacks and troop movements and avoid nightly barrages from Russian drones on its cities and infrastructure. Michael Horowitz is a geopolitical and security analyst who's head of intelligence at Lebec consulting firm. He said every day that passes without a solution can be costly for Ukraine, especially if Russia decides to explain exploit the weakness. Mark Polymeriapoulos is a former senior CIA officer He says it sends a bad signal to the rest of the world that the US Is not a dependable ally. Meanwhile, President Trump is planning to revoke temporary legal status to about 240,000 Ukrainians who fled Russia's invasion of the country. The revocation is expected as soon as April and could set up the Ukrainians for deportation, according to Reuters, citing a senior Trump administration official, officials and three sources familiar with the matter. The move would complement a larger effort by the Trump administration to revoke temporary legal status for more than 1.8 million migrants allowed to enter the US under humanitarian parole programs created.

[Joe Susher]

That story has been debunked. It has? Yes. The White House denies they have any plans to revoke the legal status of any Ukrainian.

[John Haidt]

Good.

[Joe Susher]

Yeah.

[John Haidt]

Okay. Okay. Well, that is good to hear then.

[Joe Susher]

That's from Newsweek.

[Joe Sucere]

So it's fake news.

[Joe Susher]

The White House denied reports that the Trump administration plans to revoke the status. Reuters earlier reported, citing a senior Trump official in three sources that the revocation is expected as soon as April. However, Caroline Levitt, the White House press secretary, said no decision has been made. This is more fake news from Reuters based on anonymous sources who have no idea what they are talking about, she said.

[John Haidt]

Got it. Good. Disney is cutting nearly 6% of staff across its ABC News and Disney Entertainment Networks units. The layoffs will affect about 200 employees, representing about 6% of the total ABC News Group and Disney Entertainment Network's workforce. The company also plans to dissolve its 538 brand. That is, you might remember, the group that puts together all the major polls and averages them out. ABC also will emerge. ACB. ABC says it will also merge three of its major shows, 2020, Nightline and Impact X. Nightline staff members who were laid off were notified Wednesday. The majority of the laid off employees work at ABC News, with most of them being based in New York.

[Joe Susher]

Who was the host of Nightline during the Tehran?

[Chris Reavers]

Ted Koppel.

[Joe Susher]

Is he still around?

[Chris Reavers]

No.

[Joe Susher]

He died. Yes. Oh.

[John Haidt]

He's a little alive.

[Joe Susher]

Why'd you bury him, Rook? He's alive.

[Chris Reavers]

I think he's gone.

[John Haidt]

Go ahead and look it up. He had the weird hair he had. Yeah. It was kind of a. Kind of an odd.

[Joe Sucere]

He's still with us. 85 years old.

[Chris Reavers]

He's gonna die someday.

[Joe Sucere]

Born in the UK.

[Joe Susher]

I did not know that.

[Joe Sucere]

Happy to provide that for you.

[John Haidt]

For years before she published To Kill a Mockingbird, Harper Lee wrote short stories with themes she would later explore in that now classic book. She tried and failed to get them published. Scholars and biographers have long thought the stories were lost or destroyed, but they weren't. She was a meticulous archivist. She stashed the transcripts of the stories, along with rejection letters in a New York City apartment. This fall, those stories will be published for the first time in the collection titled the Land of Sweet Forever. The book will be out October 21st from Harker & Harper. It includes eight previously unreleased stories and eight pieces of nonfiction that she published in various outlets between 1961 and 2006, including a profile of her friend, the writer Truman Capote, a cornbread recipe, and a letter to Oprah Winfrey.

[Chris Reavers]

Born in 1940, still alive. Cool couple.

[Joe Susher]

Thank you. We've established that already.

[Chris Reavers]

His parents were German Jews who fled Germany after the rise of Adolf Hitler and Nazi is.

[Joe Susher]

Thank you, John. Do you have more?

[John Haidt]

If you want some.

[Joe Susher]

I do want one more.

[John Haidt]

One more. For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes. According to the Chronicle of Philanthropy's exclusive Philanthropy 50 list of Americans who donated the largest sums in 2024, he gave a total of $3.7 billion to support arts, education and environment, public health groups and programs aimed at improving city governments. He says, I have never understood people who wait until they die to give away their wealth. Why deny yourself the satisfaction? I've been lucky. I'm determined to do what I can to open doors for others and leave a better world for my children.

[Joe Susher]

Do you have a list, John, or is this.

[John Haidt]

I do have a list. Of the top six, I'd like to.

[Joe Susher]

Know who they are.

[John Haidt]

Netflix co founder Reed Hastings and his wife, Patty Quillen were. Number two. Dell Technologies founder Michael Dell and his wife, Susan Dell. Number three. Warren Buffett. Number four. Facebook co founder Mark Zuckerberg and his wife, Dr. Priscilla Chan. Fifth. And retired professor Ruth Gottesman. Number six.

[Joe Susher]

No Zuckerberg. I mean, no Bezos.

[Joe Sucere]

I was wondering. The same thing.

[Joe Susher]

And no musk on there.

[Joe Sucere]

Well, and you wonder. He donated 3.7 or gave away way. What did he make?

[Joe Susher]

Well, he's got a lot of money.

[Joe Sucere]

Well, I understand. Thank you.

[Joe Susher]

Yeah.

[Chris Reavers]

Playing the role of rookie.

[Joe Susher]

He can afford. Yeah. All right. Thank you very much.

[Joe Sucere]

Did Ted Koppel give any money?

[Chris Reavers]

Sorry, Ted, I didn't mean to. You know, hardly demise. Probably trying to listen to the show.

[Joe Susher]

He is a man who spends hours in hardware stores sifting through the nuts and bolts of life. Joe Sucere. I have news from the Minnesota Department of Agriculture. They're going to have a. They've rented some rooms at the Holiday Inn in St. Cloud. Oh, St.

[Mike Schoonover]

Cloud.

[Chris Reavers]

How are you in sweets?

[Joe Susher]

And they're going to have the 2025 Ag for All Conference. The theme for the first annual Ag for All is Transforming Barriers through Breakthrough. Join us in University of Minnesota Extension as we engage in opportunities to learn from each other and context experts about the unique role of the LGBTQIA community has in the ag industry.

[Mike Schoonover]

That's not what my agenda has.

[Joe Susher]

In addition to plenty of time to network and get to know your LGBTQIA neighbors, the day will feature a panel of professionals, producers and community members, as well as educational workshops and roundtable discussions on emerging topics affecting the LGBTQIA community. I can only imagine that means the LGBTQIA agricultural community. I didn't know there was one. So now you have a state paid for assembly you can attend. Do you have a rundown of the events?

[Mike Schoonover]

It has nothing to do with that. I'm surprised. Where are you seeing that? Because as a green cart driver, I'm kept up to date daily on the goings on.

[Joe Susher]

This is right from the Minnesota Department of Agriculture. I have.

[Mike Schoonover]

There's seminars of the effect of the tariffs exporting soybeans. Those sound useful. Growing edible crops.

[Joe Susher]

Yes.

[Mike Schoonover]

The cost of fuel. The absurd, absurd price of crop insurance. How to get a contract with ethanol plants. I don't see anything here about gays or lesbians or trans or anything. I see nothing but very, very helpful seminars to help our. Our farmer friends.

[Joe Susher]

Well, the Link is the UMN extension 2025 Ag for All conference, and it's. It's transforming barriers into breakthroughs. I wonder. Well, I suppose a trans farmer needs to know about fuel as much as anybody else.

[Mike Schoonover]

Yeah, yeah. How to get those lucrative contracts with the ethanol plant.

[Joe Susher]

I mean, it's open to everybody. Why not? That's how you do it.

[Mike Schoonover]

What, Joe?

[Joe Susher]

Huh?

[Mike Schoonover]

What's going on in our country, in our state?

[Joe Susher]

I don't know. All.

[Mike Schoonover]

Everything that the farmer's facing right now. This is the number one, top of the agenda.

[Joe Susher]

Well, maybe it's the number one for. For the LGBTQ plus A plus or whatever it is. You know, there's many in that. That Alphabet list is getting long.

[Mike Schoonover]

I think what we need to do is send a correspondent to this. And since you're the writer, I think maybe you should run up there. It's a March 8th tomorrow. No, Saturday.

[Joe Susher]

Saturday at the Holiday Inn and Suites. Yeah. Say, only because they come to us all the way from Marlith park, home of the traveling Lymans. It Was on this day, Martha. March 6th in 1852, Hennepin county was formed for Lewis Hennepin, the Franciscan missionary who saw and named the Falls of St. Anthony in 1680. Wow.

[Josh Arnold]

Wow.

[Mike Schoonover]

That's crazy.

[Joe Susher]

On this day, on March 6th in 1857, the U.S. supreme Court delivered the Dred Scott decision, in which the justices declared that enslaved Missouri man Dred Scott, not being a citizen, had no right to bring suit. Scott had lived at Fort Snelling and in other free areas with his owner, Dr. John Emerson, and he claimed that residents in free states and territories made him a free man. While living at Fort Snelling from 1836 to 1838, Scott married Harriet Robinson, an enslaved woman owned by Indian agent Lawrence Taliaferro. On this day on March 6th in 1862, Henry B. Whipple, the Episcopal bishop of Minnesota, wrote a letter to Abraham Lincoln on behalf of the Dakota people of the state, describing the corruption among the agents of the U.S. bureau of Indian affairs and asking for justice for a wronged and neglected race. The U.S. dakota War of 1862 began in Minnesota later that year. Corruption in government is nothing new, is it? On this date, March 6th in 1868, Grant, Lyon, and Wilkin counties were formed. I'm tired of those counties. On this day in 1871, the name L' aqui Parle was given to a new county. The name, French for lake that talks, likely referred to echoes among the bluffs surrounding the lake of the same name and comes from the Dakota place named Bday Laudan. Small lake that speaks.

[Joe Sucere]

You know, if the lake could talk, it should have a podcast.

[Joe Susher]

Yellow Medicine county was also formed, named for the root of the moon seed called Pajuta Z yellow medicine by the Dakota people and used as a medicinal herb. And finally, on this day on March 6th in the year 2000, Mercury became the first city in the country.

[John Haidt]

Mercury? Mercury?

[Joe Susher]

No. Duluth. Duluth. Duluth became the first city in the country to ban the sale of mercury thermometers.

[Joe Sucere]

Was that an uproar? Did we get mad about that?

[Joe Susher]

Well, I don't think. I don't recall it being a terrible uproar. It might have been, but it was to prevent the element mercury from polluting the environment. Minnesota had prohibited the use of mercury thermometers in hospitals in 1992. And then we have this Day in Sports failures, March 6th. I think we do, yes. Minnesota sports disappointment on this day, on March 6th in 2017, Timberwolves postponed game due to warm weather and the ice sheet melting.

[Mike Schoonover]

What?

[Joe Susher]

What?

[Joe Sucere]

You sure it Wasn't the wild.

[Joe Susher]

Had to be the wild. What Wild?

[Joe Sucere]

Because, like, they don't play basketball on the ice. That'd be like really unsafe.

[Joe Susher]

Timberwolves postponed due to warm weather and the ice sheet melting. Well, it could have been the court laid down on top of the ice at the Target Center.

[John Haidt]

Did they play in the same building at that point?

[Joe Susher]

Well, the Target center is capable of ice.

[Joe Sucere]

What year?

[Joe Susher]

2017. And so, you know, they could add the ice follies in there or something and the Timberwolves have a game. They put down the floor, but everything gets mushy because it was just too warm out and the ice was melting. That's my story. I have no idea if that's correct or not. Thank you so much indeed.

[Joe Sucere]

Please do us a favor if you haven't done so already. You should join the Garage Logic YouTube channel where you can interact with the show each and every day. That's right. You can watch it live on our YouTube channel starting right around noon. You can also see full segments, video shorts, behind the scenes footage in some cases, but it's all there for you. It's on the Garage Logic YouTube YouTube channel and you can follow us on all of our social media channels, which includes Facebook, Instagram and X. Yeah, just search for Garage Logic.

[Josh Arnold]

That's two words.

[Joe Sucere]

If you're unfamiliar and go to the website and sign up for the Daily Logician. It's an email. It comes right to your inbox each and every single day. And it includes the most recent episode of the podcast so you don't have to miss a minute of the action.

[Mike Schoonover]

Hell nah.

[Joe Sucere]

Yeah. It is time once again that we check in with our guy, Mr. Money Talk. Josh Arnold is with us once again here in garagelogic. And now is the time for you to do the same. So do not delay. Do exactly what I did and pick up that phone and dial 952-92-5-5608. That number once again is 952-925-5608. When you call, you're going to get Josh and he is there for you for that. Free. Yes, I used the word free. 48 minute financial consultation with absolutely zero obligation. And he will always give you the straight talk. He will never give you the sugar coated advice. And he is on the line with us once again here in Garage Logic. And boy, Josh, I know you got a lot to get to today because there's some concerns about the tariffs, as we all know, and the R word pops up. But we got to pay attention to the shoes.

[Josh Arnold]

Well, we'll get to the shoes. But the R word recession, recession, recession. Take a look at the yield curve on the Treasuries. We've got inversion. So the shorter end of this curve is slightly higher than the longer end of the curve. The Treasury Secretary is and the Commerce Chief are now focused on the movement of the ten year treasury on the belief that as the ten year treasury, which does have an impact on mortgage rate rates, as the ten year treasury is coming down, they're going to be cheering that because they look at that as a positive. Well, of course if it makes it easier for people to buy houses, that is a positive overall for the economy. But another way to look at the 10 year treasury coming down in yield, meaning that treasury prices are going up. And especially with the stock market and particularly technology stocks in a correction down at least 10% from their recent highs, market participants are worried first of another big drawdown or potential bear market which is down 20% from highs. Oh, I could point out a number of, of individual names that are down 20% or more from their highs. Oh, I can think of one. Right away Tesla's down 30% from its highs or almost 30% in the last month. That is a definitely a bear market in Tesla. If I were to look at some of the other auto manufacturers, they're definitely in correction territory. Again, it's worries about the impact of the tariffs on their businesses. Now I do know that today and last night there have been postponements of the additional 25% tariff for the auto companies and now any other company that is in compliance with the USMCA. But the April 2 date for reciprocal tariffs is still out there and that does give market participants a lot of nervousness and that is sending us some jitters through the marketplace. Me, I think a lot of this information is priced in to a lot of stocks. Now I do recognize that as the market goes down that fear levels or fear gauges start increasing because nobody wants to lose either hard earned gains or of the belief that positions are going to go to zero. Now, just a reminder, in 2018 when there was a lot of tariff talk and imposition of tariffs, there was tremendous, tremendous volatility in the market. I have stated this repeatedly over the last several months. Do be prepared this year, one, for a lot of volatility and two, returns such as we had in 2023 and 2024 may be a lot more difficult to come by. Another issue that is affecting the market is we'll say, the unwinding of the artificial intelligence trade and when I say unwinding had a lot of potential built into a lot of stocks. Money flowed in very quickly and the result results aren't there yet. It's going to take time for that to play out. But a lot of the companies around artificial intelligence have produced very good numbers but their stocks had run up so high that those numbers and the guidance wasn't sufficient for many investors to hold on the stocks and they sold off. And any negative comments from CEOs does scare off investors. I am of the belief still am of the belief that artificial intelligence is Internet 3.0 and it is a useful tool for many many companies and many businesses and it will produce results over time and I still think the best places to be for that. And again I am talking my talking my book do understand that are still Apple and Amazon right now. Several Chinese companies have gotten not going to say a leg up but they have they have been getting some money a little faster than Apple and Amazon are right now. Back to the shoes. Every one of the shoe companies or at least the shoe companies that I follow are going to be subject to tariffs. Does not matter whether it's Nike or Deckers or Adidas or on Shoes or Brooks, they all are going to be subject to tariffs and quite frankly have been subject to tariffs for a lot of years. These companies have been able to navigate through tariffs in the past and I do believe they'll continue to be able to navigate through going forward. Nike probably has the best potential for a turnaround but with its new management that that is going to take at least a year until you start seeing total new products coming in from Nike. In the meantime, think Nike's change in marketing going back to their wholesalers and focusing in on performance should start to win win some awards. Deckers has been knocked down because HOKA may not be as popular as on shoes on O N and on Just reported some very very good numbers. We'll call it a beat and raise quarter. The Adidas also posted some good numbers as they finally got rid of their Yazzie shoes. Brooks is still a leader we'll say in the running category. They are part of however Berkshire Hathaway which is probably a very safe place we'll say to hide out in the current market environment given all the cash that they have sitting on hand not to mention stock positions in Coca Cola which generates to them a huge dividend payout for the number of shares they have. And they're large owners also of of Apple, not to mention owning the Burlington Northern Railway and several insurance companies. Those are probably more subject to what's going on in the economy, but shoes still a place to look at and given their ability to navigate the past tariffs, I don't think that's going to go away. No doubt prepare for more volatile and.

[Joe Sucere]

That'S why we call you Mr. MoneyTalk. You heard him. G elers. Now is the time for you to pick up the phone and make the call for that free 48 minute financial consultation. And you do that just like I did by dialing 952-925-5608, where you always get straight talk and never ever sugarcoated advice. Josh, as always, thank you so much for the time and the chat. Enjoy the rest of your day. Have a fantastic week weekend and we'll talk to you again next week.

[Josh Arnold]

Will do. Thanks Chris.

[Investment Services Announcer]

Investment services offered by Josh Arnold Investment Consultant, llc. A security investment advisor. Past performance is no guarantee of future results. All investments involve risk. All comments and opinions are Josh Arnold's and do not constitute investment advice.

[Joe Susher]

Chris Reavers is a paid endorser.